Businesses are structured to make money. That's part of what defines success for a business. Company leaders strive to generate as much profit as possible by increasing
revenue while decreasing costs.
It costs the company money to provide benefits to employees, such as insurance. And
yet companies often provide health and dental insurance for their employees. They also
pay for insurance to help employees who become injured or disabled.
Given the costs associated with insurance, why do companies provide insurance plans
to employees?